An audit plan to examine long$-$term debt most likely would include steps that require:

Multiple Choice

correlating interest expense recorded for the period with outatinding debe

comparing the carrying anount of held$-$to$-$marty securites mether year end market values.

vertying the existence of the holders of the deer by diect conflemation.

Inspecting the accourts payable subsidary ledger for anecorded long term debt.